英大证券：金点策略晨报—每日报告-20241106

Market Overview - The market is likely entering a period of disturbance, with incremental capital possibly adopting a wait-and-see attitude [1][3] - On Tuesday, the three major indices collectively opened higher but subsequently fluctuated lower, with the Shanghai Composite Index closing down 1.08% at 3286.41 points and total trading volume reaching 206.21 billion [2][3] - The market sentiment is cooling, with more stocks declining than rising, leading to a poor profit-making effect [2] M&A and Restructuring Opportunities - M&A and restructuring concepts are expected to continue to develop, with investors encouraged to participate cautiously while closely monitoring the fundamentals of listed companies [1][2] - The recent "National Nine Articles" has optimized the policy environment for M&A and restructuring, leading to active performance in the secondary market [2] Sector Performance - The AI concept stocks, particularly those related to Zhiyun AI, have shown strong performance, with the launch of autonomous intelligent agents enhancing daily operations [2] - In terms of sector performance, precious metals and engineering machinery sectors saw significant gains, while coal, real estate, and steel sectors faced declines [1][2] Future Market Trends - The market is expected to be influenced by several upcoming events, including the U.S. elections and the Federal Reserve's interest rate meeting, which may create short-term market disturbances [3][4] - Despite short-term fluctuations, the medium-term outlook remains positive, with liquidity easing and a series of policies expected to support an upward trend in the market [3][5]